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. >> last week it was former general chief jack welch, alan west and some right wing pundits making the allegation. we should remind viewers what got them so excited. the unemployment rate dipped below 8% for the first time in four years. until a few days ago, conservatives were claiming all the national poll, they must be way off. now that it romney's post debate bounce is fading, we'll probably hear it again. the latest poll shows obama's lead widening to 5 points again. the president was shoring up the vote. he dedicated a moment to cesar chavez. >> where there had once been despair, cesar gave workers a reason to hope. it's people. more than higher wages or better working conditions. that was cesar's gift to us. a reminder that we are all god's children. >> president obama dedicating a monument to cesar chavez. let's bring in ari melber. great to have you with us tonight. president obama is not taking his lead or his strength from the hispanic community. he wants more. playing to his base, how smart a strategy is it? >> i think it's smart and i think what the president has to do rig
. >> last week it was former general chief jack welch, alan west and some right wing pundits making the allegation. we should remind viewers what got them so excited. the unemployment rate dipped below 8% for the first time in four years. until a few days ago, conservatives were claiming all the national poll, they must be way off. now that it romney's post debate bounce is fading, we'll probably hear it again. the latest poll shows obama's lead widening to 5 points again. the president...
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. >> of course last week it was former general electric chief jack welch, alan west and right wing pundits making the allegation. we should remind viewers what got them so siexcited. until a few days guy conservatives were claiming all of the national polls, saying, they must have been off. the latest gallup tracking poll shows president obama's lead widening to five points again. today president obama was shoring up the hispanic vote just days before voter registration deadlines in 11 states. the president dedicated a moment to caesar chavez. >> where there had once been despare, geez ared dis/* dispare, caesar gave people hope. whether it was bet are work conditions, that was a reminder that we are all god's children. >> dedicating a monument to caesar chavez within let's bring in correspondent from magazine. ari, president obama is not taking his lead or strength from the hispanic community. he wants more. he is trying to really solidify this. play to his base. how smart a strategy is it? >> i think it is smart and i think what the president has to do right now is get out there and get
. >> of course last week it was former general electric chief jack welch, alan west and right wing pundits making the allegation. we should remind viewers what got them so siexcited. until a few days guy conservatives were claiming all of the national polls, saying, they must have been off. the latest gallup tracking poll shows president obama's lead widening to five points again. today president obama was shoring up the hispanic vote just days before voter registration deadlines in 11...
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jack welch should be ashamed of himself. officially the white house, josh earnest, white house spokesman aboard air force one telling reporters just dismissing it out of hand. almost refused to even consider it. >> yeah. right at the top of the show, ph too, jared, he echoed this. see you again. >>> the truth about big bird and pbs. could he become extinct? the numbers straight ahead. >>> plus a few loose screws. the saga of american airlines and how did it all come apart so fast? a speed bump! [ wife ] a beached whale! lawn clippings! a mattress. a sausage link. mermaid. honey!? driftwood. come on, you gotta help us out here a little. [ male announcer ] febreze eliminates odors and leaves carpets fresh. ♪ [ male announcer ] febreze. eliminates odors and leaves carpets fresh. ♪ ♪ lord, you got no reason ♪ you got no right ♪ ♪ i find myself at the wrong place ♪ [ male announcer ] the ram 1500 express. ♪ it says a lot about you. ♪ in a deep, hemi-rumble sort of way. guts. glory. ram. gives you a 50% annual bo
jack welch should be ashamed of himself. officially the white house, josh earnest, white house spokesman aboard air force one telling reporters just dismissing it out of hand. almost refused to even consider it. >> yeah. right at the top of the show, ph too, jared, he echoed this. see you again. >>> the truth about big bird and pbs. could he become extinct? the numbers straight ahead. >>> plus a few loose screws. the saga of american airlines and how did it all come...
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jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think bls cooked numbers. i think a bunch of dems lied about getting jobs. that would have the same effect. that was from a senior writer at something called the washington examiner, a conservative thing online. eric bolling who is at fox news, he wrote, wow. obama labor department smarter than all 25 of america's top economists. or something far more inside ous. i don't know. then there was this from conservative talk radio host laura ingram. quote, jobs numbers from labor secretary hilda solis are total pro obama propaganda. just looking on twitter you could see the ground swell on the right that th
jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think...
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jack welch suggested obama's team manipulated the data to give the president a boost well our guest is here to dispel conspiracy theories around the drop which is not to say the jobs numbers are manipulated but rather that they're manipulated on an ongoing basis one argue our economist argued in past have times look at this the unemployment rate has been low only because government programs especially social security disability have effectively been buying people off the unemployment rolls and reclassifying them as not in the labor force in other words the government has cooked the books faster back in two thousand and three austin goals be writing you may know him he went on to be an obama aide he was kind of loosening standards for qualifying for disability payments in the eighty's and ninety's so people who would normally be counted as unemployed started moving to the disability system and you can see how those numbers have steadily increased. and today as the eighty's and ninety's that those standards were loosened and this trying to continue during the recent downturn the number o
jack welch suggested obama's team manipulated the data to give the president a boost well our guest is here to dispel conspiracy theories around the drop which is not to say the jobs numbers are manipulated but rather that they're manipulated on an ongoing basis one argue our economist argued in past have times look at this the unemployment rate has been low only because government programs especially social security disability have effectively been buying people off the unemployment rolls and...
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you are jack welch. jack, you've got to take this opportunity while everybody is listening to you to actually say, yes, anderson, i'm taking that tweet back. i'm going to send a new tweet to say i was exaggerating. there are problems bls should look into but to throw out an accusation that's like asking the government how often do you beat your wife. >> i should have had a question mark at the back of it, ali, let's face it, but the facts, are ali, no matter how you want to look at this, we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them -- >> yes. >> had a number below 1.1. >> labor secretary hilda so li s shot back at the critics telling cnn it was insulting for people to suggest her department was manipulating numbers for the president's benefit. >>> the obama and romney campaigns are ratcheting up the rhetoric in the wake of the jobs report. our political editor paul steinhauser hats candidate's comments. one set of numbers, tw
you are jack welch. jack, you've got to take this opportunity while everybody is listening to you to actually say, yes, anderson, i'm taking that tweet back. i'm going to send a new tweet to say i was exaggerating. there are problems bls should look into but to throw out an accusation that's like asking the government how often do you beat your wife. >> i should have had a question mark at the back of it, ali, let's face it, but the facts, are ali, no matter how you want to look at this,...
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i'm friend with jack welch and i tweeted him back. i said, jack, i love you, but on this one you've just flat out lost your mind. there's an ironclad firewall with criminal penalties for anybody at the bls to have any kind of political interference or to release any of the numbers early. it's totally impossible to do that. you've seen all the reputable republicans that have worked with the bureau of labor statistics in the past, past cea chairs come out and say, look, come on, you've got to be kidding on this thing. i kind of think they were kidding. i hope they were kidding. i mean, there's absolutely no evidence of political changing the numbers. and if somebody were changing the numbers, why would you make the numbers last month worse than expected? why would you make the payroll numbers at 114,000, not especially impressive. it just doesn't make any sense. >> all right. austan, thanks very much for coming in. >> great to see you again mpkts a check of the top stories and then something that would change the headlines about the oba
i'm friend with jack welch and i tweeted him back. i said, jack, i love you, but on this one you've just flat out lost your mind. there's an ironclad firewall with criminal penalties for anybody at the bls to have any kind of political interference or to release any of the numbers early. it's totally impossible to do that. you've seen all the reputable republicans that have worked with the bureau of labor statistics in the past, past cea chairs come out and say, look, come on, you've got to be...
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>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss the first cousin of the birther movement, the jobbers. and a look at america's trust issues next on "now." [ female announcer ] most whitening strips promise full whitening results in two weeks or more. rembrandt® deeply white™ 2 hour whitening kit is proven to quickly remove surface stains and deep stains in just two hours. [ female announcer ] rembrandt® deeply white™: whiten in just 2 hours. >>> shortly after the bureau of labor statistics released the monthly jobs report friday showing the unemployment rate dropping to 7.8% former ge ceo got the jobber conspiracy theory going with a tweet sugges
>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss...
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we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody stays tuned. our fifth story "outfront", gunk. american airlines now says messy passengers are to blame for seats that came loose an at least three recent flights. the airline claims spilled soda and coffee gunked up a seat locking mechanism over time. the incidents forced the airline to take 48 boeing 757 jets out of commission for repairs. what's behind this explanation and does it all add up? william mcghee is the author of attention all passenger, the airline's dangerous decent and how to reclaim our skies. do you buy this? >> no. i think most people feel that the gunk is bunk. >> that al
we're going the talk to jack welch live about it when he joins me at the top of the hour. also, tonight, how one woman's alleged lie working in a crime lab in massachusetts is calling into question, get this. 34,000 criminal cases. 34,000. people already being released from jail because of this woman's suspected fraud. it is an unbelievable story. all that and a lot more you need to know about the meningitis outbreak, two different scares. >> sounds like a great show. i hope everybody...
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howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you came from, talk to the people you grew up with. >> all advice appreciated. we're moving on to win on election day on november 6th. >> it's free. anyway, coming up -- thank you, mr. mayor. coming up, mitt romney attacks president obama on foreign policy saying if he were president, he would heat up and prolong every war front in the world, iraq, afghanistan, syria. more war, continuous war, new wars. that's the romney plan. >>> also, joe the first responder. he's taken guff for his gaffes and been lampooned on "snl" but surprise, surprise, vice president joe biden is the guy who democrats are counting on this w
howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you...
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look at this these numbers are unbelievable actually it was jack welch and said these numbers are unbelievable and i dove into him and so well certainly it could be an outlier you know believe a bull unbelievable how i guess is the way do i think the b.l.s. is cooking the books per se no i allot of these people were hired under the bush administration they're not democrats the b.l.s. doesn't consist of a bunch of of democrats cooking the books for obama you know rather you know they do their job and sometimes there's outliers and sometimes there's not certainly the proceedings three months were really horrendous we had kind of a snap back lot of what we can discuss that a little bit but they were actually going out there and manipulating the data i think someone would squawk someone would be raising the red and look at this look at what obama is doing ok so i'm not going to stare at the theories fall short or i totally hear you there so you said so you chalk this up to a conspiracy theory so let's just square away the september numbers in terms of what came out and then how to how to square th
look at this these numbers are unbelievable actually it was jack welch and said these numbers are unbelievable and i dove into him and so well certainly it could be an outlier you know believe a bull unbelievable how i guess is the way do i think the b.l.s. is cooking the books per se no i allot of these people were hired under the bush administration they're not democrats the b.l.s. doesn't consist of a bunch of of democrats cooking the books for obama you know rather you know they do their...
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>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very, very high, but those people are still looking. >> the u-6 number for those cognizant. >> coming up -- >> you're right. republicans are in the dumps. you're right. >> no, they're trying to pretend the numbers that they depend on when they're good in their camp. >> you can't have it all. >> are skewed. >> i don't know. if it continues this way, i think republicans can have it all. >> they're not. not going to have it all. >> coming up -- i'm so excited for what's happening later in the show. we're going to talk to chicago mayor rahm
>> forget what jack welch said. i'm talking about people who are trying to say that perhaps people have given up. and if you look into the numbers of the bureau of labor and statistics put out, the number of people who are discouraged and have given up has gone down in the past year by 235,000. and in the past four years, by over 400,000. that number is being skewed out there by those who want to say that the job numbers aren't what they appear to be. long-term unemployment is still very,...
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some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises the question, and i think there ought to be a good discussion how this number is calculated. >> labor secretary hilda so least angrily denied the unemployment figure was fudged calling the allegation offensive and republican challenger mitt romney said of the jobs number, this is not what a real recovery looks like. and romney was also campaigning in virginia, running mate paul ryan said of the number of jobs created said we shouldn't have to settle for this new normal. reprizing one of the convention themes that americans deserve better than mr. obama has delivered. critics seized on another line in mr. obama's virginia speech in which he denied believing in an entitlement society which he doesn't believe people are entitled to succeed. aides suggest the opposite. >> we don't believe that anybody is ensilenttitled to sus in this country. we b
some called it an anomaly and former ceo jack welch says these chicago guys will do anything, can't debate so change numbers. >> and who is participating, who's not working and who's tried to work, but dropped out. all of these things. it just raises the question, and i think there ought to be a good discussion how this number is calculated. >> labor secretary hilda so least angrily denied the unemployment figure was fudged calling the allegation offensive and republican challenger...
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jack welch questioning the jobs report last friday. today he is using a few more than 140 characters to explain. we're going to talk about his op ed. at 8:00 a.m., jack will be calling into the show to talk about things. all of that coming up. on the lighter side of things, we'll be talking sports. in baseball, the playoffs last night. the a's beating the tigers 2-0. detroit now leads the series 2-1. the reds lost 2-1, but cincinnati still leads the series two games to one. we'll have more in squawk sports at 6:20 eastern. that's a good one i was watching. the next hour, we'll talk about golf. rhys jones is our guest host. he designs courses. andrew, good morning. >> thank you, becky. let's talk about earnings, starting with alco waalcoa. stronger demand for aluminum products, from airplanes and automobile producers. this offset weak aluminum prices and worries about china's slumping economy and that's probably the bigger and more important piece of all of this. the ceo cautioning that the company's noticed a slight slowdown in some re
jack welch questioning the jobs report last friday. today he is using a few more than 140 characters to explain. we're going to talk about his op ed. at 8:00 a.m., jack will be calling into the show to talk about things. all of that coming up. on the lighter side of things, we'll be talking sports. in baseball, the playoffs last night. the a's beating the tigers 2-0. detroit now leads the series 2-1. the reds lost 2-1, but cincinnati still leads the series two games to one. we'll have more in...
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the numbers look similar to -- >> donald trump and jack welch say those numbers are all a lot of monkey babble. >> there's a tendency. i saw some democrats in my twitter feed complaining about the pew poll when they were lauding it when they had obama up by seven. we have a tendency to get rid of data we don't like. i try to look at what all the polls say and you see some where romney has a gigantic balance, some where you haven't seen much of a bounce at all. >> you tweeted today, barack obama went from a huge favorite at 1:00 p.m. to a huge underdog at 4:00 p.m. get a grip, people. >> 1:00, the gallup poll came out and showed obama improving, up the five point lead from three before. then the pew poll came out showing this huge shift toward romney. those are both really good polls. >> the key thing is what mitt romney did in denver, he didn't blow it. had he done the performance that barack obama did, it could have been all over by now. and it isn't. game on. good to see you again. >> thank you. >> coming up, mitt romney's unexpected surge with female voters. are women abandoning the
the numbers look similar to -- >> donald trump and jack welch say those numbers are all a lot of monkey babble. >> there's a tendency. i saw some democrats in my twitter feed complaining about the pew poll when they were lauding it when they had obama up by seven. we have a tendency to get rid of data we don't like. i try to look at what all the polls say and you see some where romney has a gigantic balance, some where you haven't seen much of a bounce at all. >> you tweeted...
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even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household survey counts self-employed people. a lot of people established home based business. they have been dissipating savings. that doesn't mean they're fully employed. to have 800,000 jobs created that would be 6% gain in employment in one month. that would be 135% rate per year, or some big number like that. that's crazy. on a compounded basis in economy growing only 1 1/2% a year. that's just silly. my feeling it is a lot of folks, home based businesses. pick up a little more here and there but they're not really fully employed. melissa: gary, do you think that what is going on? >> no, look the hou
even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household...
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former general electric chief executive jack welch has resigned from fortune magazine. we took to the twitter account and the bureau of labor statistics boosting their latest jobs report to president obama's chances for reelection. investors bullish after a ratings downgrade. goldman sachs cut the company's ratings to sell with a $5 price target. it is overvalued giving deep liquidity and meager returns. the bearish town on wall street continues following a week forecast since global economic growth. investors are bracing for possible disappointing earnings season which unofficially kicks off with out, after the closing bell. that is the latest business from the fox business network giving you the power to prosper. tracy: when it is cold and dreary do you dream of running along the beach or through the california mountains? jeff flock getting a sneak peek at technology that takes you there. >> amazing what they do with treadmills. take a look this. you can watch tv on the treadmill and play a game or something like that but here they have developed a program that enable
former general electric chief executive jack welch has resigned from fortune magazine. we took to the twitter account and the bureau of labor statistics boosting their latest jobs report to president obama's chances for reelection. investors bullish after a ratings downgrade. goldman sachs cut the company's ratings to sell with a $5 price target. it is overvalued giving deep liquidity and meager returns. the bearish town on wall street continues following a week forecast since global economic...
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jack welch took a look at these numbers. remember, thereof a surge in employment like we haven't seen in 30 years that was announced on friday. jack welch says, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. do you think they changed the numbers? >> i do. i do. and i think that they did a lot of those -- a lot of monkey business. i'm telling you n a month and a half from now, they will do a readjustment like has been happening for the last year and a half. they will do a readjustment and the number will be 8.2 or more. again, the 8.2, it's not a real number because people that are out of work aren't considered unemployed. >> steve: we get that. but if you're making the allegation that this administration is monkeying with the numbers to make them look good, that is very damning. >> everyone knows he didn't want to lay off certain workers in certain categories and that's been well documented and well reported that he didn't want to lay off ctain workers in certain categories u
jack welch took a look at these numbers. remember, thereof a surge in employment like we haven't seen in 30 years that was announced on friday. jack welch says, unbelievable jobs numbers. these chicago guys will do anything, can't debate, so change numbers. do you think they changed the numbers? >> i do. i do. and i think that they did a lot of those -- a lot of monkey business. i'm telling you n a month and a half from now, they will do a readjustment like has been happening for the last...
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jack welch, he went to as far to suggest that the numbers may be manipulated by the obama administration. do you think that the numbers add up? >> i think the suggestion that the numbers was cooked is relatively ridiculous. that being said. economists at the labor department will admit freely that there is a lot of margin of error in these numbers. a month after each job report these numbers are revised upward or downward. the question of the number came out of the household survey, 800,000 plus number, there is a lot of margin for error, possibly as much as 400,000. that is admitted by folks within the labor department, as well. i think you can't get too hung up on the overall numbers because typically these are revised upward or downward. that tends to happen a month later when we stop paying attention. >> heather: what will the numbers do in terms of swaying voters' opinions, specifically undecided voter? do you expect to see a change in the polls as a result of this? >> it's a tough question. i generally think the jobs reports do not move as much of opinion of voting public with the
jack welch, he went to as far to suggest that the numbers may be manipulated by the obama administration. do you think that the numbers add up? >> i think the suggestion that the numbers was cooked is relatively ridiculous. that being said. economists at the labor department will admit freely that there is a lot of margin of error in these numbers. a month after each job report these numbers are revised upward or downward. the question of the number came out of the household survey,...